IQ Options - A few Common Questions answered


ALL YOU NEED TO KNOW ABOUT IQ OPTIONS



Hello There my Name is Shahn I would like to give an A-Z review on IQ option. To make things more interesting I will use commonly asked Questions and try to answer them. 

Before signing up for IQ options every trader needs to know the few basic things, so carefully read through before opting to sign up

But before let me introduce myself I am a 38-year old Banker, who started Forex trading when I was 30. I started it with a trader by the name Etora. I succeeded there, and I was introduced to IQ options through a friend. IQ options seem a bit smarter and since then I have settled for IQ options.

1. What is "IQ options"?


Firstly "IQ options" is a legit company, it is no scam. 

They call themselves a trading platform. But there is a significant difference between IQ options and a usual trading platform that people use to buy and sell shares from the stock market. 

Very Important -  although these platforms use the terms "Buy" and "Sell" there is no real buying or selling.

2. So if there is no buying and selling, how do these things work?


Not All platforms use the term Buy & Sell. IQ options uses the term "Call" and "Put"

IQ options Dashboard

Let us look into an example; IQ options gives you the opportunity to trade on commodities so say we select commodity "Gold" 

After studying the Gold price behavior of the past you conclude that the price of gold will go up. So you click on the Green button "CALL" 

The  outcomes are

  1. If the prices of Gold goes up as you predicted then you gain money 
  2. If the prices of Gole goes down instead then you Loose money

As you can see, this is a form of betting not really a trade that you execute. Trade means you buy something to own it and then sell it off.

3. Did you just call it a Betting system?

Yes and No, It is not simply betting as you would walk into a betting center and bet on the outcome of a football match, it is a bit more complicated. 

This is more of an educated "guess" that you place on the market movement rather than a mere  bet.

4. What Can be Traded on IQ options


Traders can choose from the below, for trading
  1. Indices ( eg:- Dow Jones, S&P) - You can "CALL" or "PUT" whether any of the indices will go up or down.
  2. currency pairs (eg:- USD/GBP) - The changes of currency pair in relation to the other
  3. Commodities (eg:- Gold, Silver) - "CALL" or "PUT" on how the price will change in a particular day
  4. stocks (Share value of companies) - Price of shares of companies, will they go up or down in a specified period of time


5. How to Start Trading, What is the minimum deposit?


Traders can start with $ 10 IQ options is among the lowest initial deposit among its class of trading platforms.

6. How to Start Trading, What is the minimum deposit?


Traders can start with $ 10 IQ options is among the lowest initial deposit among its class of trading platforms.
Deposit methods - You can Deposit funds to IQ options from the below methods.
WANT TO CREATE YOUR OWN PATENT PRODUCT?

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